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Banking & Finance

US stocks fall again, joining worldwide sell-off, on tariffs

NEW YORK — Financial markets around the world buckled Friday, and the S&P 500 was on track to close out its worst week of the year following President Donald Trump’s latest escalation in his trade war with China. China struck back and said Friday it will take “necessary countermeasures” if Trump follows through on tweets he sent Thursday that shocked ...

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The First announces Williams as Harrison County president

Richard “Ric” L. Williams, Jr. has joined The First, A National Banking Association, as Harrison County President. He has served in the banking industry for twenty-seven years, nineteen of which have been in the Gulfport market. Williams is a graduate of the ABA Commercial and Graduate Lending Schools, Dallas, Texas and Cannon Financial Institute Private Banking and Trust Schools, Scottsdale, ...

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Hatter promoted at Citizens National Bank in Flowood

Katie Hatter, Mortgage Group Lending Assistant at Citizens National Bank, has been promoted to the position of a Mortgage Originator at the Bank’s Castlewoods Banking Centre. With 19 years of mortgage lending experience in the Jackson area, Hatter joined the Bank in July 2018. Greg Shows, Mortgage Originator at Citizens National Bank’s Madison Banking Centre, originally hired Hatter and commented ...

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Lobaki closes financing through North Mississippi Angel Fund

Lobaki, Inc., the Jackson-based virtual-reality firm, has closed the first tranche of a $2 million round of financing led by the North Mississippi Angel Fund. “We met with the North Mississippi Angel Fund in Columbus and had a really good experience with them. All the members are very experienced and successful in their own businesses and are just the type ...

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Kay Dowdy joins Citizens National Bank

Kay Dowdy has joined Citizens National Bank’s South Region as a Mortgage Lender and her office is located at the Bank’s West Hattiesburg Banking Centre. With over 14 years of experience in the banking and real estate industry, Dowdy brings a unique skillset to the Bank. From 2004 until 2011, she was the exclusive realtor and home consultant for AAA ...

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Keesler Federal opens new Madison branch

Keesler Federal Credit Union has opened its first branch in the city of Madison, located at 1944 Main Street. The Madison branch is Keesler Federal’s first stand-alone branch in the Jackson area market. The 4,305 square foot building will offer a full suite of loan and deposit products, mortgage and business services as well as a drive-up ATM, three-lane drive-up ...

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Prewett graduates from Alabama Banking School

Jay Prewett, Director of Technology Services with Renasant Bank, was among 59 students who graduated from the Alabama Banking School. The graduation ceremony was held at the University of South Alabama in Mobile. This was the school’s 44th session since it began in 1976. Lee Lawson of the Baldwin County Economic Development Alliance gave this year’s commencement speech, and Alabama ...

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Mutual Credit Union names McAlpin manager of Raymond branch

Mutual Credit Union announced the promotion of Brent McAlpin to Branch Manager of the Mutual Credit Union Raymond Branch. McAlpin began his career at Mutual in 2015 after three years in the financial industry. McAlpin received a Bachelor of Science degree in Kinesiology with a concentration in Sports Management and a Minor in Public Relations from Mississippi State University. He ...

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Rural Lending Co-op hires new employees

Southern AgCredit of Ridgeland, a rural lending cooperative, hired Bradley McDaniel as a loan officer in its Hattiesburg branch and Brittany Miller as an office administrator in its Newton branch. McDaniel holds a BBA in managerial finance from the University of Mississippi and is a 2017 alumnus of the Graduate School of Banking at Louisiana State University. Prior to joining ...

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Origin hires Sean Farmer as Treasury Management Officer

Origin Bank has announced that Sean Farmer has joined the company’s Mississippi team as a Treasury Management Officer. Farmer has 28 years of banking experience specializing in the optimization of the movement of cash within a company to assist with maximizing corporate profits. In his position at Origin, he will work with business owners and managers to create operating efficiencies ...

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